DOCSLIB.ORG

Building Strength Shaping Growth

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Building Strength Shaping Growth GATEWAY PLAZA FESTIVAL WALK SANDHILL PLAZA BEIJING HONG KONG SHANGHAI BUILDING STRENGTH SHAPING GROWTH ANNUAL REPORT 2015/2016 OVERVIEW 01 Building Strength GATEWAY CORPORATE PROFILE Shaping Growth PLAZA 02 Financial Highlights Beijing Listed on the Singapore Exchange Securities 04 Letter to Unitholders Trading Limited (“SGX-ST”) on 7 March 2013, 10 Year in Brief FY15/16 Mapletree Greater China Commercial Trust (“MGCCT”) is the first and only real estate STRATEGY investment trust (“REIT”) that offers investors the 12 Strategy 14 Nurturing Value opportunity to invest in best-in-class commercial 16 Maintaining Stability properties situated in prime locations in both 18 Driving Growth 1 Hong Kong and China. MGCCT is also the fourth 20 Pursuing Sustainability REIT sponsored by Mapletree Investments Pte Ltd (“MIPL” or the “Sponsor”), a leading real estate PERFORMANCE development, investment and capital management 22 Property Portfolio company headquartered in Singapore. 34 Unit Price Performance 35 Financial Review As of 31 March 2016, MGCCT has a portfolio 40 Operations Review of three commercial assets, Festival Walk, 44 Independent Market Research Gateway Plaza and Sandhill Plaza, with a total lettable area of approximately 2.6 million square feet and GOVERNANCE & combined valuation of S$5,922.5 million2. Festival SUSTAINABILITY Walk is a landmark territorial retail mall with an office 57 Trust Structure component located in Hong Kong. Gateway Plaza 58 Organisation Structure 60 Board of Directors is a premier Grade-A office building with a podium 64 Management Team area in Beijing, China. Sandhill Plaza is a premium (Corporate) quality business park development situated in 67 Property Management FESTIVAL Zhangjiang Hi-tech Park, Pudong, Shanghai. Team (Overseas) WALK 69 Risk Management Hong Kong 72 Investor Relations MGCCT is managed by Mapletree Greater China 74 Corporate Governance Commercial Trust Management Ltd. (“MGCCTM” or Report the “Manager”), a wholly-owned subsidiary of MIPL. 86 Sustainability Report To better align with investors’ interest, MGCCT is also the first Singapore-listed REIT to introduce a FINANCIALS & OTHERS management fee structure that is based on distributable 97 Financial Statements income and distribution per unit (“DPU”) growth, 145 Statistics of Unitholdings rather than assets under management (“AUM”) 147 Interested Person Transactions and net property income (“NPI”). 148 Notice of Annual General Meeting 151 Proxy Form Corporate Directory 1 Hong Kong refers to the Hong Kong SAR (Special Administrative Region). 2 Valuation on each property was carried out by Colliers International (Hong Kong) Limited as of 31 March 2016. ANNUAL REPORT 2015/2016 1 OVERVIEW SANDHILL PLAZA Shanghai STRATEGY PERFORMANCE GOVERNANCE & SU & GOVERNANCE BUILDING stainabi STRENGTH L SHAPING ity GROWTH FINANCIA In 2015, Mapletree Greater China Commercial Trust (MGCCT) embarked on a new phase of growth L with the acquisition of Sandhill Plaza in Shanghai, O & S strengthening our portfolio of best-in-class assets thers comprising Festival Walk in Hong Kong and Gateway Plaza in Beijing. Their quality and strategic locations enable the portfolio to maintain a consistently high occupancy level. With a proactive and disciplined approach towards asset, portfolio and capital management, the Manager will continue to shape further growth and capture sustainable returns for MGCCT’s investors. 2 MAPLETREE GREATER CHINA COmmErcIAL TrUST FINANCIAL HIGHLIGHTS Net Gross Property Revenue S$336.6m Income S$277.5 m FY15/16 FY15/16 19.7% 21.0% year-on-year year-on-year (S$ million) (S$ million) 400.0 280.0 277.5 350.0 245.0 336.6 229.3 300.0 210.0 204.3 281.1 250.0 252.5 175.0 200.0 140.0 150.0 105.0 100.0 70.0 50.0 35.0 0 0 FY13/141 FY14/15 FY15/16 FY13/14 FY14/15 FY15/16 1 For a more meaningful comparison, the stub period from 7 to 31 March 2013 has been excluded. Distributable Distribution Income S$199.9m per Unit 2 7. 248 cents FY15/16 FY15/16 12.3% 10.8% year-on-year year-on-year (S$ million) (cents) 240.0 8 7.248 210.0 7 199.9 6.543 180.0 178.0 6 5.929 159.2 150.0 5 120.0 4 90.0 3 60.0 2 30.0 1 0 0 FY13/14 FY14/15 FY15/16 FY13/14 FY14/15 FY15/16 2 Available DPU for the financial year is calculated based on the income available for distribution for the year over the number of issued units as at the end of the year. ANNUAL REPORT 2015/2016 3 OVERVIEW Consistent Growth in Distributable Income (DI) and DPU1 since IPO Distributable Income DPU (S$ million) (cents) 100 1.923 2.0 1.854 STRATEGY 1.808 90 1.742 1.8 1.662 1.696 DISTRIBUTION PER UNIT 1.606 1.587 1.560 80 1.518 1.6 1.455 1.394 70 1.4 60 1.2 PERFORMANCE 53.0 50 49.5 51.0 1.0 Distributable Income 47.4 45.1 46.3 42.6 42.1 43.5 40 40.6 0.8 37.1 38.8 30 0.6 20 0.4 GOVERNANCE & SU & GOVERNANCE 10 0.2 0 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY13/142 FY13/14 FY13/14 FY13/14 FY14/15 FY14/15 FY14/15 FY14/15 FY15/16 FY15/16 FY15/16 FY15/16 1 The DPU per quarter is calculated based on the income available for distribution for the quarter over the number of issued units as at the end of the quarter. 2 Quarter results for 1Q FY13/14 excludes the stub period from 7 to 31 March 2013. Distributable income for the period from 7 March to 30 June 2013 = $46.1 million. Total DPU for the period from 7 March to 30 June 2013 = 1.7337 cents. stainabi L ity Proactive Capital & Risk Management FINANCIA Average Term to Average All-in Maturity for Debt Cost of Debt AS OF 31 MARCH 2016 AS OF 31 MARCH 2016 % L 3.01 years 2.83 O & S thers Expected Percentage 1H FY16/17 4 DI MORE THAN of Debt Fixed 3 Hedged into SGD AS OF 31 MARCH 2016 77.0 % AS OF 31 MARCH 2016 70.0 % 3 Interest cost on 77.0% of the total debt was fixed. 4 For the period from 1 April to 30 September 2016. Portfolio Valuation Distribution Yield FY15/16 Based on closing unit 10.7% price of S$0.955 FY14/15: S$5.3b S$5.9 b on 31 March 2016 7.6 % 4 MAPLETREE GREATER CHINA COmmErcIAL TrUST LETTER TO UNITHOLDERS RIGHT MR FRANK WONG KWONG SHING Chairman and Independent Non-Executive Director LEFT Ms CINDY CHOW PEI PEI Executive Director and Chief Executive Officer DEAR UNITHOLDERS, On behalf of the Board of Directors of domestic consumption, while of the Manager, we are pleased to reducing reliance on manufacturing From IPO to the present MGCCT’s Annual Report and infrastructure investments. to Unitholders for the financial year end of March 2016, from 1 April 2015 to 31 March 2016 BUILDING STRENGTH & we have delivered (“FY15/16”). SHAPING GROWTH At MGCCT, we have maintained a cumulative DPU FY15/16 was a challenging year our focus on building strength of 20.112 cents at for businesses. The markets that and ensuring our assets remained a return of 21.6%. we operate in were not spared. resilient when navigating through In Hong Kong, the value of total retail challenging market conditions. Including a price sales was down 6.4%1 in FY15/16 We have undertaken prudent capital appreciation of compared to FY14/15. The continued and risk management and captured slowdown in inbound tourism, the the right opportunities to shape 2.7% over the period, uncertain economic outlook and future growth. MGCCT achieved the total return market volatility impacted local robust organic growth through consumption sentiment. China’s gross proactive asset management achieved amounted domestic product (“GDP”) growth of our two existing assets, to 24.3%. moderated to a 25-year low of 6.9% in 2015, as the ongoing reforms by the world’s second largest economy gravitated towards the expansion of 1 Figures are from the Hong Kong Census and Statistics Department’s Monthly Survey of Retail Sales Reports as the services sector and the stimulation published for the months of March 2015 and March 2016. ANNUAL REPORT 2015/2016 5 OVERVIEW and we established MGCCT’s Festival Walk presence in Shanghai through – A Favourite Mall our first acquisition of Sandhill Plaza Among Shoppers7 in June 2015. In FY15/16, Festival Walk delivered 14.6% and 15.5% growth in gross Through these efforts, MGCCT revenue and NPI respectively STRATEGY has delivered a third consecutive compared to FY14/15, despite year of good results since listing an increasingly challenging retail on 7 March 2013. Comparing FY15/16 market and ongoing renovations to the last financial year, portfolio at the cinema8, which resulted in gross revenue of S$336.6 million a moderate drop in retail sales increased by 19.7% and NPI of and footfall by 5.3% and 3.3% PERFORMANCE S$277.5 million was up by 21.0%. respectively, year-on-year. The mall Total distributable income in FY15/16 maintained its track record of 100.0% DISTRIBUTION was S$199.9 million, an increase of occupancy level for retail and office PER UNIT S$21.8 million (12.3%) compared to space as of 31 March 2016, and FY15/16 the previous financial year. The total achieved an average effective rental DPU of 7.248 cents1 for FY15/16 uplift of 37% for retail leases9 that translated to a distribution yield of expired during FY15/16 compared 7.
Load more

Recommended publications
  • 2018 International Student Handbook.Pdf
    2018 LCC International Students Guidebook 1. OVERVIEW OF LINGANG ....................................... 2 2. APPLICATION SYSTEM LOG-IN ................................. 3 3. REGISTRATION ................................................ 4 4. TUITION PAYMENT ............................................. 6 5. ACCOMMODATION ............................................. 7 6. FOOD ......................................................... 10 7. SHOPPING ..................................................... 13 8. TRANSPORT ................................................... 14 9. HEALTH INSURANCE .......................................... 20 10. VISA AFFAIRS ................................................. 25 11. SCHOLARSHIP STUDENT ISSUES ............................... 28 12. BANKING ..................................................... 32 13. SIM Card Purchase in Mainland China ............................. 33 14. ABOUT SJTU .................................................. 34 15. TOP ATTRACTIONS IN SHANGHAI ............................. 34 16. CITIES NEARBY ............................................... 37 17. USEFUL APPS ................................................. 39 18. USEFUL WEBSITES ............................................ 40 19. CONTACT US ................................................. 41 China-UK Low Carbon College No3, Yinlian Road, Pudong New District, Shanghai 1 1. OVERVIEW OF LINGANG Lingang is located at the southeast tip of continental Shanghai. It is 75 km away from the City Centre of Shanghai. Standing at the
    [Show full text]
  • Study Away Student Handbook
    NYU Shanghai STUDY AWAY STUDENT HANDBOOK Summer 2017 Shanghai Global Affairs [email protected] https://shanghai.nyu.edu/summer-admitted Table of Contents Welcome 1.Important Dates ​ 2. Contacts 2.1 NYU Shanghai Staff and Offices Academics Global Affairs Chinese Language Clinic Student Life Ner Student Programs Student Mobility Residential Life Health and Wellness IT Services 2.2 Emergency Contacts 3. Academic Policies & Resources Academic Requirements & Registration Guidelines Courses Learning Chinese Language Academic Support Academic Advising Textbook Policy at NYU Shanghai Attendance Policy Religious Holidays and Attendance Academic Integrity Examination and Grades Policies on Examinations Makeup Examinations Grades Policies on Assigned Grades Grade of P 1 Grade of W Grade of I Incompletes Pass/Fail Option Withdrawing from a Course Program Withdrawal Tuition Refund Schedule 4. Student Life Policies & Resources Student Conduct Policies and Process Residential Life Residence Hall Policies Resource Center How to Submit a Facilities Work Order Fitness Center Health and Wellness Health Insurance 5. Arriving in Shanghai Arrival Information Transportation to NYU Shanghai Shanghai Airports and Railway Stations Traveling from the Airport Move-In Day Arrangement Move-In Day 6. Life in Shanghai Arranging Your Finance Living Cost in Shanghai Banking and ATMs Exchanging Money Getting Around Dining Shopping Language Tips Religious Services Shanghai Attractions 2 Travel 7. Information Technology (IT) Printing IT FAQ – Setup VPN 8. Be Safe Public Safety Crime Prevention Safety in Shanghai Emergency Medical Transport NYU Shanghai Card Services Lost and Found Services Shuttle bus Safety Tips Safety on Campus Regulations Tips for Pickpocket Prevention If You Already Have Been Pickpocketed Information alert 3 Welcome ​ On behalf of the entire NYU Shanghai team, congratulations on your acceptance to NYU Shanghai’s Summer Program.
    [Show full text]
  • Study of the Leftover Space in the City Based on Reutilization: Take the Space Under Elevated Road in Shanghai As an Example
    POLYTECHNIC UNIVERSITY OF CATALONIA Master in Urban Management and Valuation Study of the leftover space in the city based on reutilization: Take the space under elevated road in Shanghai as an example STUDENT: Jie Shi TUTOR: Carlos Marmolejo Duarte Date: 20/05/2016 MASTER IN URBAN MANAGEMENT AND VALUATION Study of the leftover space in the city based on reutilization: Take the space under elevated road in Shanghai as an example STUDENT: Jie Shi TUTOR: Carlos Marmolejo Duarte Date: 05/2016 CONTENTS Contenido abstract ......................................................................................................................... 5 1 introduction................................................................................................................. 6 1.1 reason.................................................................................................................. 6 1.1.1 background ................................................................................................... 6 1.1.2 problems ....................................................................................................... 6 1.2 Definition of the research .................................................................................... 7 1.2.1 Definition of elevated road or overpass (flyover) ......................................... 7 1.2.2 Definition of leftover space ........................................................................... 8 1.2.3 Definition of urban areas of Shanghai ........................................................
    [Show full text]
  • Transportation the Conference Will Be Held in North Zhongshan Road
    Transportation The conference will be held in North Zhongshan Road campus of East China Normal University (ECNU). The address is: No. 3663, North Zhongshan Road, Putuo, Shanghai. The hotel where all participants will stay is Yifu Building (逸夫楼) located on the campus. Arrival by flights: There are two airports in Shanghai: the Pudong Airport in east Shanghai and the Hongqiao Airport in west Shanghai. Both are convenient to get to the North Zhongshan Road campus of ECNU. At the airport, you can take taxi or metro to North Zhongshan Road Campus of ECNU. Taxi is recommended in terms of its convenience and time saving. Our students will be there for helping you to find the taxi. By taxi From Pudong Airport: about one hour and 200 CNY when traffic is not busy. From Hongqiao Airport: about 30 minutes and 60 CNY when traffic is not busy. Please print the following tips if you like “请带我去华东师范大学中山北路校区正门” in advance and show it to the taxi driver. The Chinese words in tips mean "Please take me to the main gate of North Zhongshan Road Campus of ECNU". By metro From Pudong Airport: 1. Metro Line 2 (6:00 - 22:00)->Zhongshan Park (中山公园) station (Note: exchange at Guanglan Road station(广兰路)), then take taxi for about 10 minutes and 14 CNY cost to North Zhongshan Road Campus of ECNU, or take the bus 67 for 2 stops and get off at ECNU station（华东师大站）instead. 2. Metro Line 2->Jiangsu Road (江苏路) station-> Metro Line 11->Longde Road (隆德路) station->Metro Line 13-> Jinshajiang Road (金沙江路) Station->10 minutes walk.
    [Show full text]
  • GP Shanghai 2015 Travel Guide
    GP Shanghai Travel Guide Welcome to Shanghai! 上海欢迎您！ Quick facts about China Electricity: AC 220 V, 50 Hz Plug Type: Event Fact Sheet: Timezone: GMT +8 http://magic.wizards.com/en/content/fact-sheet-grand-prix-shanghai-2015 Calling code: +86 Emergency Calls: 110 (Police), In order to facilitate planning your visit to Shanghai, as well as make your 119 (Fire), 120 (Ambulance) stay in Shanghai more enjoyable, we local judges at Shanghai prepared this Local Guide. We hope it proves useful and informative. This edition of Shanghai Travel Guide is broken down into the following sections each served a different purposes: Language and Traveling Information, Transportation Guides, Scenic Spots, and finally, Magic Stores. Climate Information Month Jan Feb Mar Apr May Jun 22.1 27 29.6 34.3 35.5 37.5 Record high °C (°F) -71.8 -80.6 -85.3 -93.7 -95.9 -99.5 8.1 10.1 13.8 19.5 24.8 27.8 Average high °C (°F) -46.6 -50.2 -56.8 -67.1 -76.6 -82 4.8 6.6 10 15.3 20.7 24.4 Daily mean °C (°F) -40.6 -43.9 -50 -59.5 -69.3 -75.9 2.1 3.7 6.9 11.9 17.3 21.7 Average low °C (°F) -35.8 -38.7 -44.4 -53.4 -63.1 -71.1 −10.1 −7.9 −5.4 −0.5 6.9 12.3 Record low °C (°F) -13.8 -17.8 -22.3 -31.1 -44.4 -54.1 Contents GP Shanghai Travel Guide .........................................................................................................................................................
    [Show full text]
  • MGCCT's Maiden Acquisition of Sandhill Plaza in Shanghai For
    For Immediate Release MGCCT’s Maiden Acquisition of Sandhill Plaza in Shanghai for Approximately S$402 million Expands MGCCT’s footprint to Shanghai, the first-tier commercial hub in China Captures growing demand for business park due to decentralisation trend in Shanghai 15 June 2015 – Mapletree Greater China Commercial Trust Management Ltd., as manager (the “Manager”) of Mapletree Greater China Commercial Trust (“MGCCT”), is pleased to announce the acquisition of a property located at 2290 Zuchongzhi Road, Zhangjiang Hi-tech Park, Pudong New Area, Shanghai, People’s Republic of China (“Sandhill Plaza”) by MGCCT. A conditional sale and purchase agreement (the “SPA”) has today been entered into with MSREF VII LEAPHART BV, being an unrelated third party vendor. Pursuant to the SPA, MGCCT will acquire 100.0% interest in Glamour II Limited (an entity incorporated in the Cayman Islands), which holds 100.0% interest in China Orient Limited (an entity incorporated in Hong Kong), which in turns holds 100.0% interest in Shanghai Zhan Xiang Real Estate Company Limited (an entity incorporated in the People’s Republic of China), the registered owner of Sandhill Plaza. The purchase consideration for the acquisition is RMB1,888.1 million (or approximately S$412.2 million1) ("Purchase Consideration") which comprises the property purchase price of RMB1,840.3 million (or approximately S$401.8 million) for Sandhill Plaza and the estimated working capital adjustments 2 attributable to the entities being acquired in connection with the acquisition (the “Acquisition”). Ms Cindy Chow, Chief Executive Officer of the Manager, said, “We are pleased to announce our first acquisition since listing, with the purchase of Sandhill Plaza – a premium quality business park located in Zhangjiang Hi-tech Park in Shanghai.
    [Show full text]
  • {PDF} Shanghai Architecture Ebook, Epub
    SHANGHAI ARCHITECTURE PDF, EPUB, EBOOK Anne Warr | 340 pages | 01 Feb 2008 | Watermark Press | 9780949284761 | English | Balmain, NSW, Australia Shanghai architecture: the old and the new | Insight Guides Blog Retrieved 16 July Government of Shanghai. Archived from the original on 5 March Retrieved 10 November Archived from the original on 27 January Archived from the original on 26 May Retrieved 5 August Basic Facts. Shanghai Municipal People's Government. Archived from the original on 3 October Retrieved 19 July Demographia World Urban Areas. Louis: Demographia. Archived PDF from the original on 3 May Retrieved 15 June Shanghai Municipal Statistics Bureau. Archived from the original on 24 March Retrieved 24 March Archived from the original on 9 December Retrieved 8 December Global Data Lab China. Retrieved 9 April Retrieved 27 September Long Finance. Retrieved 8 October Top Universities. Retrieved 29 September Archived from the original on 29 September Archived from the original on 16 April Retrieved 11 January Xinmin Evening News in Chinese. Archived from the original on 5 September Retrieved 12 January Archived from the original on 2 October Retrieved 2 October Topographies of Japanese Modernism. Columbia University Press. Daily Press. Archived from the original on 28 September Retrieved 29 July Archived from the original on 30 August Retrieved 4 July Retrieved 24 November Archived from the original on 16 June Retrieved 26 April Archived from the original on 1 October Retrieved 1 October Archived from the original on 11 September Volume 1. South China Morning Post. Archived from the original on 6 May Retrieved 2 May Office of Shanghai Chronicles.
    [Show full text]
  • Precast Concrete Segmental Liners for Large Diameter Road Tunnels
    PRECAST CONCRETE SEGMENTAL LINERS FOR LARGE DIAMETER ROAD TUNNELS Literature Survey and Synthesis FHWA-HIF-20-035 September 2020 Precast Concrete Segmental Liners Large Diameter Road Tunnels – Literature Survey and Synthesis Technical Report Documentation Page 1. Report No. 2. Government Accession No. 3. Recipient’s Catalog No. FHWA-HIF-20-035 4. Title and Subtitle 5. Report Date September, 2020 Precast Concrete Segmental Liners for Large Diameter 6. Performing Organization Code Road Tunnels – Literature Survey and Synthesis 7. Principal Investigator(s): 8. Performing Organization Report William Bergeson, PE (FHWA), John Wisniewski, PE (WSP), Sotirios Vardakos, PhD, (WSP), Michael Mooney, PhD, PE (Colorado School of Mines), Axel Nitschke, PhD, PE (WSP) 9. Performing Organization Name and Address 10. Work Unit No. (TRAIS) WSP USA, Inc. One East Pratt Street 11. Contract or Grant No. Suite 300 DTFH6114D00048 Baltimore, MD 21202 12. Sponsoring Agency Name and Address 13. Type of Report and Period Covered Final Report Federal Highway Administration 09, 2018 – 09, 2020 U.S. Department of Transportation 14. Sponsoring Agency Code 1200 New Jersey Avenue, SE DOT/FHWA/HIF Washington, DC 20590 15. Supplementary Notes Cover photo: SR 99 Tunnel, Seattle, Washington. Photo: John Wisniewski. 16. Abstract Increased roadway traffic demands have led to a notable increase of large diameter tunnel boring machine-driven tunnels across the world. The technological advancements of tunnel boring machines have made them a viable technical option for tunneling in difficult conditions in urban environments at ever increasing diameters. Such tunnels utilize precast concrete segmental linings. Although precast concrete segments have been widely used and designed in the US since the mid-1970s, the significant increase in diameter demands brings about new challenges in design and construction.
    [Show full text]
  • Spatiotemporal Dynamics of Urban Green Space Influenced by Rapid
    Article Spatiotemporal Dynamics of Urban Green Space Influenced by Rapid Urbanization and Land Use Policies in Shanghai Song Liu 1, Xinsu Zhang 1, Yongjiu Feng 2,*, Huan Xie 2, Li Jiang 1 and Zhenkun Lei 2 1 College of Architecture and Urban Planning, Tongji University, Shanghai 200082, China; [email protected] (S.L.); [email protected] (X.Z.); [email protected] (L.J.) 2 College of Surveying and Geo-Informatics, Tongji University, Shanghai 200082, China; [email protected] (H.X.); [email protected] (Z.L.) * Correspondence: [email protected] Abstract: Urbanization has led to the continuous expansion of built-up areas and the ever-growing urban population, threatening the quantity and quality of urban green space (UGS). Exploring the spatiotemporal variations of UGS is substantially conducive to the formulation of land-use policies to protect the ecosystems. As one of the largest megacities all around the world, Shanghai has experienced rapid urbanization in the past three decades. Insights into how UGS changes in response to urbanization and greening policies are essential for guiding sustainable urban development. This paper employed integrated approaches to characterize the changing patterns and intensities of green space in Shanghai, China from 1990 to 2015. The spatiotemporal dynamics of the UGS pattern were derived through four main methods: green space ratio, dynamic change degree (DCD), transition matrix and landscape metrics. The results showed that Shanghai’s green space decreased from 84.8% in 1990 to 61.9% in 2015 while the built-up areas increased from 15.0% to 36.5%.
    [Show full text]
  • Report on the Investment Environment of Changning District, Shanghai
    Report on the Investment Environment of Changning District, Shanghai 上海长宁_en.indd 1 2015/11/16 9:41:31 Map of China Geographical Location of Shanghai Changning District Shanghai Yangzhou Zhenjiang Nantong Map of the Yangtze River Delta region Nanjing Chongming Island Changzhou Yangzhou Zhenjiang Nantong Nanjing Changzhou Wuxi Shanghai Yangtze River Bridge Wuxi Suzhou Shanghai Shanghai Changning Waigaoqiao Pot Huzhou District Jiaxing Suzhou Shanghai Hangzhou Zhoushan Shanghai Pudong International Airport Shaoxing Ningbo Hongqiao Airport Tai Lake Hongqiao Transport Hub Donghai Bridge Huzhou Jiaxing Yangshan Port Legend Provincial Capital Major Cities Hangzhou Bay Sea-Crossing Bridge Railway Station Airport 銭塘江 Port Wharf Boundaries of Province, Hangzhou autonomous region and municipalities Hangzhou Xiaoshan Zhoushan Expressway International Airport Railway Fresh water lake, salt water lake Shaoxing Ningbo 上海长宁_en.indd 2 2015/11/16 9:41:32 Map of China Geographical Location of Shanghai Changning District Shanghai Yangzhou Zhenjiang Nantong Map of the Yangtze River Delta region Nanjing Chongming Island Changzhou Yangzhou Zhenjiang Nantong Nanjing Changzhou Wuxi Shanghai Yangtze River Bridge Wuxi Suzhou Shanghai Shanghai Changning Waigaoqiao Pot Huzhou District Jiaxing Suzhou Shanghai Hangzhou Zhoushan Shanghai Pudong International Airport Shaoxing Ningbo Hongqiao Airport Tai Lake Hongqiao Transport Hub Donghai Bridge Huzhou Jiaxing Yangshan Port Legend Provincial Capital Major Cities Hangzhou Bay Sea-Crossing Bridge Railway Station Airport
    [Show full text]
  • 2019-Shanghai Basic Facts
    SHANGHAI BASIC FACTS 2019 Editorial Board Adviser: Zhou Huilin, Zhu Yonglei Editors-in-Chief: Xu Wei, Zhou Ya, Tang Huihao Deputy Editors-in-Chief: Yin Xin, Chen Yongqi, Qian Fei Editor: Cao Meifang SHANGHAI BASIC FACTS 2019 Compiled by: Information Office of Shanghai Municipality Shanghai Municipal Statistics Bureau ZHONGXI BOOK COMPANY SHANGHAI Located at the estuary of the Yangtze River in eastern China and facing the Pacific Ocean, Shanghai sprawls across an area of over 6,340.5 square kilometers with a population of 24.2378 million in 2018. Shanghai is China’s most thriving economic center, with GDP per capita climbing to US$20,398 by the end of 2018. Shanghai is a pioneer in China’s reform and opening- up, as well as innovation. A total of 670 multinational enterprises have set up regional headquarters in the city, and 441 foreign- invested R&D centers have also been established here. Shanghai is one of the world’s financial centers with its financial markets generating a total transaction volume of 1,645.78 trillion yuan and trading volumes of several products ranked top among global markets. An RMB products center, which matches the currency’s international status, has taken form in the city. Shanghai is an important shipping center, handling 730.4794 million tons of goods in 2018. On top of that, its international container volume reached 42.0102 million TEUs, the highest in the world for nine straight years. When it comes to the number of cruise ship passengers, the city ranked fourth in the world. Some 771,600 flights were processed at Shanghai Pudong and Hongqiao international airports, reaching 117.6343 million inbound and outbound trips.
    [Show full text]
  • Mobility for Development
    Mobility for development Shanghai I China Disclaimer The Case study is prepared for the background information for a Stakeholder Dialogue, on behalf of the Mobility for Development (M4D) Project at the World Business Council for Sustainable Development (WBCSD). The objectives of this study are to assess the mobility challenges, opportunities and experience in Shanghai with reference to Yangtze Delta Region. We hope this report can make some contribution on knowledge exchange in the development of sustainable mobility for the whole society in the world. Mobility for development Shanghai I China Professor Pan Haixiao, Dr. Zhuo Jian and Dr. Liu Bing Department of Urban Planning, Tongji University Mobility for Development -Shanghai Case Study This case study has been prepared for the World Business Council for Sustainable Development (WBCSD) by the Department of Urban Planning, Tongji University. Project team Professor Pan Haixiao, Project Leader, [email protected] Dr. Zhuo Jian, Associate Professor, Project Researcher Dr. Liu Bing, Associate Professor, Project Researcher Ms. Xu Xiaomin, Project Assistant Mr. Liu Weiwei, Project Assistant Mr. Xue Song, Project Assistant Mr. Wang Xiaobo, Project Assistant Mr. Chen Ye, Project Assistant Acknowledgements The authors are indebted to and acknowledge Shona Grant and Dr. George Eads and are grateful for their thoughtful and patient advice during formulation of this case study. 2 Mobility for Development -Shanghai Case Study CONTENTS Executive summary ________________________________________________________
    [Show full text]